🐳Bitcoin Whale Sells $76M BTC After 7 Years to Open Leveraged Long Positions in Ethereum
#Whale.Alert #ETHInstitutionalFlows #FamilyOfficeCrypto
💰A veteran Bitcoin whale who had held 14,837 BTC (~$1.6B) for over 7 years sold 670 BTC (~$76M) to open 68,130 ETH long positions on Hyperliquid, mostly at 10x leverage. Shortly after entry at ~$4,300, ETH dipped to ~$4,080, pushing several positions close to liquidation near $3,700.📉
This marks a notable rotation of capital from BTC into ETH, reflecting growing institutional interest and accumulation of Ethereum.
📌Sources: Siam Blockchain, Cointelegraph
